Prime Movers Lab Raises $245 Million Early-Stage Fund to Advance Breakthrough Science Startups

Prime Movers Lab, a venture capital firm with a focus on investing in breakthrough scientific startups, has successfully raised $245 million for its third early-stage fund, bringing its total assets under management to over $1.2 billion. The firm’s new investment vehicle will continue to invest in companies working on innovative solutions to address the world’s … Read more

iotaMotion Raises $12M Series A

iotaMotion, a pioneering company in the development of advanced robotic-assisted systems for cochlear implant surgery, has successfully completed its Series A capital raise, securing a total of $12 million. The funding round was oversubscribed, with strong support from a group of venture capital firms, private investors, and existing shareholders. Research Corporation Technologies, Inc. (RCT) led … Read more

Nexo Therapeutics Launches with A $60M Series A Financing

Nexo Therapeutics has emerged from stealth mode with a successful $60 million Series A financing round led by Versant Ventures, along with participation from New Enterprise Associates and Cormorant Asset Management. The company has also announced a strategic research collaboration with The University of Texas MD Anderson Cancer Center. Nexo Therapeutics aims to address the … Read more

Fungies.io Pre Seed funding round

Fungies.io, a startup based in Poland with incorporation in the US, has successfully closed its Pre-Seed funding round with investments from several prominent firms, including Depo Ventures, Czechfounders.VC, Necto Labs, CV VC, Outlier Ventures, Tatum, and StartupYard. The company aims to empower the rapid commercialization of indie game studios by providing them with a no-code … Read more

Protect AI Raises $35M in Series A Financing to Secure AI and Machine Learning

Protect AI, an AI and machine learning security company, has successfully raised $35 million in a Series A funding round led by Evolution Equity Partners. Salesforce Ventures and existing investors, including Acrew Capital, boldstart ventures, Knollwood Capital, and Pelion Ventures, also participated in the funding. With this round, the company has raised a total of … Read more

Impetus Grants Receives $10 Million Commitment for Aging Science Research

Impetus Grants, a nonprofit foundation dedicated to funding aging-related research, has secured a significant commitment of $10 million from two esteemed organizations – Hevolution Foundation and Rosenkranz Foundation. The primary objective of Impetus Grants is to provide funding for aging-related research that might not receive attention from traditional funding sources. Hevolution Foundation, a global nonprofit … Read more

Frigade Secures $3M Seed Funding to Revolutionize Developer Onboarding Solutions

Frigade, a cutting-edge product onboarding and adoption solution for React, has successfully raised $3 million in seed funding. The funding round was led by Craft Ventures and La Famiglia, with participation from Y Combinator, Defy.vc, Magic.fund, and notable individual investors such as Guillermo Rauch (Vercel founder), Arash Ferdowsi (Dropbox co-founder), and Jean-Denis Greze (Plaid CTO). … Read more